89
89
Jan 31, 2013
01/13
by
CSPAN2
tv
eye 89
favorite 0
quote 0
so it's another tax. i just think we have to be very careful because it affects consumers so broadly, and there are unintended consequences. at the same time these advanced technology vehicles, as tom brought up, hybrids are going to have to compete with better and better conventional vehicles, and batter in electric cars, will have to compete with better and better hybrids. it becomes very difficult. it's helpful when the our market signals saying this is what society values. society values reducing carbon, therefore, therefore the there's a path, therefore there is an incentive or something like that. but very difficult to actually implement in a way that has become fair and balanced. >> i know that auto countries have been working to show that there's a very direct correlation between high gasoline prices and the selling of more fuel-efficient cars, hybrids, electric cars. and that's political "inconvenient truth" in the high gasoline prices help within gasoline prices help of in the direction of the m
so it's another tax. i just think we have to be very careful because it affects consumers so broadly, and there are unintended consequences. at the same time these advanced technology vehicles, as tom brought up, hybrids are going to have to compete with better and better conventional vehicles, and batter in electric cars, will have to compete with better and better hybrids. it becomes very difficult. it's helpful when the our market signals saying this is what society values. society values...
95
95
Jan 30, 2013
01/13
by
CSPAN2
tv
eye 95
favorite 0
quote 0
begun to discuss tax loopholes. why should millionaires get more tax benefit against their charitable contributions than middle-class families do? why should a billionaire who builds a wing on a museum and puts his name on it get more tax bang for his charitable buck than the middle-class family who gives to their local church? is protecting that benefit for high-end charitable donors more important than addressing our deficit? how about tax subsidies to the most profitable companies in the world, the big oil behemoths? the american taxpayer is asked to provide money to big and often foreign oil companies. is keeping big oil lobbyists happy with subsidies from the american people more important than addressing our deficit? should companies and wealthy individuals be allowed to hide their money from the tax man in offshore accounts while working families pay their taxes fair and square? is protecting that tax gimmick more important than addressing the deficit? how about that carried interest trick that allows hedge f
begun to discuss tax loopholes. why should millionaires get more tax benefit against their charitable contributions than middle-class families do? why should a billionaire who builds a wing on a museum and puts his name on it get more tax bang for his charitable buck than the middle-class family who gives to their local church? is protecting that benefit for high-end charitable donors more important than addressing our deficit? how about tax subsidies to the most profitable companies in the...
101
101
Jan 28, 2013
01/13
by
CSPAN2
tv
eye 101
favorite 0
quote 0
you're going to cut taxes, you cut taxes nation. cut rates, you don't target. targeting and particularly at the state and local level, targeting is where giveaways take place. targeting is where, it's where you play with, you figure out ways to appeal to people. so what that means is if you're in a time when broad-based tax cuts is no longer a realistic strategy, then the only way to get past where we are now is through economic growth, right? economic growth is the only solutions, cross sector economic growth is the only solution to we fell in government coffers so that the money that would have to come direct from the taxpayer and reducing the debt and reducing the deficit. >> and under those conditions, here's where it gets interesting your it has been tax cuts. that is the policy, what is the republican solution is, as i think you're the first person to lay out succinctly as anybody, is a series of governmental reforms that are brushed, that make policies more coherent, that allow both on the tax side and the health care reform side of health care cost side
you're going to cut taxes, you cut taxes nation. cut rates, you don't target. targeting and particularly at the state and local level, targeting is where giveaways take place. targeting is where, it's where you play with, you figure out ways to appeal to people. so what that means is if you're in a time when broad-based tax cuts is no longer a realistic strategy, then the only way to get past where we are now is through economic growth, right? economic growth is the only solutions, cross sector...
84
84
Jan 31, 2013
01/13
by
CSPAN2
tv
eye 84
favorite 0
quote 0
i think you completely missed the tax question. i think the answer drifted off to a different direction and you did not talk about if gasoline falls down in the percentage of fuel and that gas tax stays flat, where you get the revenue to do the road work. i think the interesting comments, but he did not answer the question. the second thing, you're talking about electric automobiles and things like that, the electric grid can handle electric automobiles and a power plants. there is a capacity in the state public utility commissions supportive of expansions in both generation and transmission which some of us in the field don't see. so two parts to that. >> anyone want to weigh in? >> let me jump, if i may, the state of california because we do have a policy favoring electric transportation, kara, the governor. maybe even more surprisingly to some of you the independent system operator leaders in construction of new renewal energy generating facilities in california. we still import a lot of electricity we know we are going to need
i think you completely missed the tax question. i think the answer drifted off to a different direction and you did not talk about if gasoline falls down in the percentage of fuel and that gas tax stays flat, where you get the revenue to do the road work. i think the interesting comments, but he did not answer the question. the second thing, you're talking about electric automobiles and things like that, the electric grid can handle electric automobiles and a power plants. there is a capacity...
75
75
Jan 30, 2013
01/13
by
CSPAN2
tv
eye 75
favorite 0
quote 0
tax dollars and american charitable giving. and then telling them they cannot repay those investments by contributing to the u.s. workforce. is both bad policy and bad business. that's what i've been working on this issue since i rise in the senate introducing three bills in calling for the creation of a new class of green cards for immigrants to earn an advanced student agree from an american university. i was glad to see the bipartisan framework released yesterday by senators mccain, schumer, rubio, and others, which moves us towards comprehensive immigration reform, embraces of this vital core principle. i also welcome president obama's contributions to this discussion and look forward to hearing what he has to say today in las vegas. it carries a bipartisan agreement that it is -- to make room for foreign-born american educated experts who want to apply their skills, start businesses and raise their families are. at the same time went to dramatically improve s.t.e.m. education available to american citizens to fill this dra
tax dollars and american charitable giving. and then telling them they cannot repay those investments by contributing to the u.s. workforce. is both bad policy and bad business. that's what i've been working on this issue since i rise in the senate introducing three bills in calling for the creation of a new class of green cards for immigrants to earn an advanced student agree from an american university. i was glad to see the bipartisan framework released yesterday by senators mccain, schumer,...
123
123
Jan 29, 2013
01/13
by
CSPAN2
tv
eye 123
favorite 0
quote 0
well, we can't just get to this problem by dealing with tax increases. this seems to be the preferred method of dealing with our deficits and debt, by raising taxes, which of course happened as a result of the fiscal cliff negotiations where taxes have gone up on americans roughly $60 billion a year, almost $600 billion over the next ten years. but the president's budgets nevertheless continue to ask for more revenue, but the message from this side of the aisle has been the president has gotten his pound of flesh on taxes. now it's time to deal with spending. unfortunately, we no longer have the luxury of delaying our toughest fiscal decisions. our gross national debt is now larger than our entire economy and we're now facing more than $100 trillion in unfunded liabilities for things like medicare and social security, promises we won't be able to keep unless we act now to put them on a fiscally sustainable path. i'm glad that our house colleagues have passed the no budget, no pay bill. i think most americans appreciate the fact that if congress doesn't d
well, we can't just get to this problem by dealing with tax increases. this seems to be the preferred method of dealing with our deficits and debt, by raising taxes, which of course happened as a result of the fiscal cliff negotiations where taxes have gone up on americans roughly $60 billion a year, almost $600 billion over the next ten years. but the president's budgets nevertheless continue to ask for more revenue, but the message from this side of the aisle has been the president has gotten...
91
91
Jan 24, 2013
01/13
by
CSPAN2
tv
eye 91
favorite 0
quote 0
relief act, paying fair share act of 2012, repeal big oil tax subsidies act, teachers and first responders back-to-work act, american jobs act of 2011, public safety employer-employee cooperation act, paycheck fairness act, creating american jobs and ending offshoring act. now, again -- again, it's not that the bill was filibustered. the right to even debate these bills and vote on them was filibustered. one thing, he go on the bill and they filibuster. no, we couldn't even debate it. even though a majority of senators voted for cloture. not 60 but a majority. so the majority thwarted from even bringing these up and debating them and even letting people offer amendments. now, it used to come that if a senator opposed a bill, he or she would engage in a spirited debate, try to change people's minds, attempt to persuade the public, offer amendments, vote "no," and then try to hold members who voted "yes" accountable at the ballot box. isn't that what it's about? in contrast, today, to quote former senator charles mathias, a republican, in 1994. here's what he said, 1994 -- quote -- "the fili
relief act, paying fair share act of 2012, repeal big oil tax subsidies act, teachers and first responders back-to-work act, american jobs act of 2011, public safety employer-employee cooperation act, paycheck fairness act, creating american jobs and ending offshoring act. now, again -- again, it's not that the bill was filibustered. the right to even debate these bills and vote on them was filibustered. one thing, he go on the bill and they filibuster. no, we couldn't even debate it. even...